term:

Product

product n

1 : the result of work or thought
2 a : the output of an industry or firm
b : a thing created by manufacturing
3 in the civil law of Louisiana
: something (as timber or a mineral) that is derived from something else and that diminishes the substance of the thing from which it is derived compare fruit

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.